CBRE appoints Chris Ely as Head of Hotel Asset Management, Asia
CBRE has appointed Chris Ely as Head of Hotel Asset Management, Asia.
Based in Singapore, Ely will lead CBRE’s Hotel Asset Management and Operator Selection...
SL Green sells 609 Fifth Avenue retail condominium for $168m
SL Green Realty Corp. an S&P 500 company and a fully integrated real estate investment trust, or REIT, announced it has entered into a...
ESR launches A$1 billion Australian logistics fund
ESR Cayman Limited (ESR), the APAC focused logistics real estate platform, has launched the ESR Australia Development Partnership (EADP), a new Australian develop-to-hold logistics...
Realterm, J.P. Morgan acquire 1.75 msf logistics portfolio in US
Realterm and J.P. Morgan Asset Management have acquired a 1.75 million-square-foot, highly functional high flow-through (HFT) logistics portfolio in the United States.
The portfolio was...
Partners Group-led consortium invests in Techem
A new consortium of investors led by Partners Group, on behalf of its clients, alongside GIC, TPG Rise Climate, and Mubadala Investment Company, has...
Ivanhoé Cambridge buys last-mile logistics asset in Munich
Canadian real estate company Ivanhoé Cambridge has acquired its first last-mile logistics facility in Munich, Germany, with his partner URBZ Capital, an investment and asset...
Google plans to invest $7bn in US offices, data centers this year
Google plans to invest over $7 billion in offices and data centers across the U.S. and create at least 10,000 new full-time Google jobs...
California Pizza Kitchen files for voluntary Chapter 11 restructuring
Will Continue to Operate in the Ordinary Course throughout Restructuring ProcessComprehensive Financial Restructuring and Committed Financing will Position CPK for Long-Term Success
California Pizza Kitchen...
Federal Reserve cuts interest rate by quarter point
The US Federal Reserve cut its key benchmark interest rate by a quarter point to a range of 2%-2.25% on Wednesday.
The Federal Open...
Union Investment enters Asia Pacific logistics real estate market
Germany-based real estate investment manager Union Investment has entered the Asia Pacific logistics real estate market with the acquisition of West Anseong Logistics Center...
CMT, CCT unitholders vote in favour of merger to form new REIT
Unitholders of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) have voted in favour of the proposed merger of CMT and CCT to...
Marriott appoints Anthony Capuano as new CEO
Marriott International has appointed Anthony Capuano as new chief executive officer (CEO), effective immediately.
Prior to this appointment, Anthony Capuano, 55, was previously group president,...
